We can help you with the estate inventory
When a death occurs in a family, estate inventory is a necessary step to manage the deceased’s assets and liabilities. This process involves compiling all financial assets and debts that existed at the time of death. The outcome is documented in a formal record, which serves as the estate’s legal identification and clarifies who’s authorized to represent the estate in legal and financial matters, such as withdrawing funds or handling shared assets.
Who handles the estate inventory?
As a surviving relative, you can either handle the inventory yourself or seek assistance from a funeral home or lawyer. If managing it independently, you have to appoint an estate declarant (bouppgivare)—often the person most familiar with the estate’s finances. The declarant is responsible for providing accurate and complete information about the estate’s assets and liabilities.
Key steps in the process
- Compile assets and liabilities
During the estate inventory meeting, all assets and debts are documented. This includes bank accounts, properties, securities, loans, and other financial obligations. - Prepare the estate inventory deed
Once all assets and liabilities are identified, they’re recorded in a written deed that constitutes the estate inventory. The deed serves as the estate’s legal authorization. - Submit to the tax agency
The deed must be submitted to the Swedish Tax Agency within four months of the death. The submission includes the original inventory, a certified copy, and any additional documents, such as wills, proof of notifications, waivers of inheritance, and powers of attorney.
Why is an estate inventory important?
The inventory is crucial to ensuring that the estate’s assets are distributed fairly according to law or the deceased’s will. It also clarifies who has the legal right to represent the estate, for example, when dealing with banks or government agencies. Without a registered inventory, accessing the deceased’s assets or conducting legal and financial actions on behalf of the estate can become extremely difficult, if not impossible.
What we help with regarding estate inventories
Legal advice
We offer legal guidance throughout the entire process, ensuring that everything is done correctly according to the law and that the document includes all necessary details.
Preparation of estate inventory deed
We help you draft the document and ensure that all relevant attachments are included before submission to the Swedish Tax Agency.
Review of estate inventory
If you choose to handle the inventory yourself, we can review it to ensure compliance with all legal requirements and confirm that all critical information is included.
Get legal help today
Do you need help with matters regarding an estate inventory? You can always get in contact with our lawyers within just 24 hours when you need quick answers to your questions. Or you can email or call us whenever you need to hire a lawyer for legal assistance.
FAQ about estate inventory
How long does it take to complete an estate inventory?
It has to be finalized and submitted to the Swedish Tax Agency within four months of the death. The time needed depends on the estate’s complexity.
Can I handle the estate inventory myself?
Yes, it’s possible to do it yourself. However, many choose to seek legal assistance to ensure accuracy and compliance.
What happens if we don’t submit the inventory on time?
If it’s not submitted on time, the Tax Agency may impose a late fee, and managing the estate’s assets can become more complicated.
